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I just completed my first 3 family purchase with a mortgage broker my real estate agent recommended. I was frustrated with all the financial documents they needed to see. Here I am putting down 25% of my money, have ...
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Here is a scan of my closing costs. I know a lot of those are legit, but the settlement charge seems really high, and also the survey. And the Document preparation fee, seems BS. I am already paying for real estate a...
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When wholesaling using Land Trust, there are are two forms that you use
1) Trust Agreement
2) Assignment of Beneficial Interest.
At closing when you are assigning the beneficial interest, is there...
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This post serves as a detailed reference point—a compendium of real estate knowledge that delves into the fundamental aspects of this dynamic field.
1031 Exchange: A tax-deferred exchange allowing the sale of one pro...
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Hey guys, I might have an opportunity on purchasing an investment t property. There is currently a tenant in the property and the description of the property stated the tenant has a lease until 2023. I was curious to ...
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I've got an interesting scenario here. A relative of mine is purchasing a primary residence through a short sale transaction. The property is owned by an investor who rented the home out for several years. The investo...
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Im looking for some help, I have an investment property that I rent out as a vacation home. I purchased the home in 2016 on land contract filing all the necessary paperwork thru a title company and putting down 20%. I...
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Hello, I am curious how people get or create offer or sales agreement documents. I do not have an attorney at my side, and wonder if most people do, or if they rely on a real estate agent? Are there standardized and a...
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I'm trying to get a property for lease option. I will do two separate agreement, one that is a lease and one that is a purchase agreement.
Just as an example, if the seller is selling me a house that is worth $600k ...
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Hooray! The seller just accepted my offer. I was able to leverage a better price using the justification that I do not have a realtor. Sorry realtors. You guys and girls definitely earn your pay. Now I have to fi...